Power Metal Resources plc (LON:POW – Get Free Report) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 11.50 ($0.14) and last traded at GBX 12.01 ($0.15), with a volume of 1082576 shares trading hands. The stock had previously closed at GBX 12.75 ($0.16).
Power Metal Resources Trading Down 5.8 %
The firm has a market capitalization of £13.73 million, a price-to-earnings ratio of -1,600.00 and a beta of 0.86. The company has a 50-day moving average of GBX 13.87 and a 200-day moving average of GBX 15.17.
Insider Activity at Power Metal Resources
In related news, insider Sean Wade purchased 200,000 shares of Power Metal Resources stock in a transaction dated Friday, November 15th. The stock was acquired at an average cost of GBX 12 ($0.15) per share, with a total value of £24,000 ($29,593.09). 44.75% of the stock is owned by insiders.
Power Metal Resources Company Profile
Power Metal Resources plc, together with its subsidiaries, engages in the exploration and exploitation of mineral resources in Africa, Australia, Canada, and the United States. The company primarily explores for nickel, lithium, tungsten, rare earths, platinum group elements, copper, graphite, uranium, gold, and silver.
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